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. >>> many people thought this week president obama wouldvy strong debate performance that would be erased by a weak jobs number, but it's the opposite. the jobs report is in easing concern about obama's weak debate. nate silver said first day in while obama is is happy for everyone to talk about the economy because the numbers are better than expected with the unemployment rate dropping to 7.8%, a four-year low. exactly where it was when president obama took office. there was only a net gain of 114,000 jobs created last month. too low for sustained unemployment reduction. so something for both sides to like. the president has to be thrilled about this jobs numbers, though. it's a game changer unless it's not. the president is the out on the trail pushing it. >> as a nation we are moving forward again. we're moving forward. more people are getting jobs. now, every month reminds us that we've still got too many of our friends and neighbors looking for work. today's news certainly is not an excuse to talk down the economy to score a few political points. it's a reminder that this country has
. >>> many people thought this week president obama wouldvy strong debate performance that would be erased by a weak jobs number, but it's the opposite. the jobs report is in easing concern about obama's weak debate. nate silver said first day in while obama is is happy for everyone to talk about the economy because the numbers are better than expected with the unemployment rate dropping to 7.8%, a four-year low. exactly where it was when president obama took office. there was only a...
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senator barack obama, voted against waiving pa stafford act just weeks before he gave the speech, specifically for victims of hurricane katrina. >> he voted against it? let's get this right. he makes this speech but you're saying a few weeks before he makes the speech he voted against the stafford act, which, what, you had to suspend that in order to get as much money into new orleans as possible? and he voted nay? >> he voted against giving them a waiver so that they could have no-strings-attached money. this is an unbelievable moment in american politics, yet here we're having the media and cnn of all places hour after hour insisting we covered this, this is unbelievable. i did a 15-minute interview with cnn yesterday. a single sentence of the interview i conducted with nem was aired because they did not have a defensible position to edefend their journalism. the reality is our journalism was right and theirs was wrong. you have to admit that, you have to see that now. >> do you have other tapes that are going to come out? >> we're always working on it. all of a sudden all these baum tapes h
senator barack obama, voted against waiving pa stafford act just weeks before he gave the speech, specifically for victims of hurricane katrina. >> he voted against it? let's get this right. he makes this speech but you're saying a few weeks before he makes the speech he voted against the stafford act, which, what, you had to suspend that in order to get as much money into new orleans as possible? and he voted nay? >> he voted against giving them a waiver so that they could have...
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for this week. let's take a closer look at the numbers. the labor department september jobs report shows the economy added 114,000 jobs last month. the unemployment rate dropped significantly to 7.8% from 8.1% in august. 245 is a sur -- that is a surprise because economists were expecting it to tick up. president obama and mitt romney will be campaigning in virginia today. this will give him something to crow about today. it's the first time unemployment has been below 8% since he took office. the romney campaign will likely say it's not enough. some republicans are tweeting this morning the administration must be fudging the number. we are reaching out to both campaigns for reaction this morning. reporting live from washington, d.c. alison burns. >>> time now 6:15. the u.s. secret service has new policies in place now after the most embarrassing scandal in the secret service history. the new policy would ban excessive drinking and sharing of work related information on sites including facebook. all
for this week. let's take a closer look at the numbers. the labor department september jobs report shows the economy added 114,000 jobs last month. the unemployment rate dropped significantly to 7.8% from 8.1% in august. 245 is a sur -- that is a surprise because economists were expecting it to tick up. president obama and mitt romney will be campaigning in virginia today. this will give him something to crow about today. it's the first time unemployment has been below 8% since he took office....
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president obama is about to address the my jobs numbers. that will happen minutes from now during a campaign stop in the swing state of virginia where we expect to see him moments from now. this as new questions arise about that number. some people are questioning the accuracy of the 7.8% number that came in for the month of september. joined now by steve moore, a senior economic writer at the "wall street journal" and matt mccall the president of the penn financial group. good to have you with us this morning. let's take a look at some of the numbers. one of the numbers revealed in this economic report is this one, 114,000 new jobs were added in the month of september. some folks are questioning how you get from a to b with that 7.81% number. let me put one more number up here which may give some background information on this. employed part time for economic reasons, so people who took a part time job because they can't get a full time job we assume, that number keeps rising, that went from 8 million to 8.6 million in the month of septemb
president obama is about to address the my jobs numbers. that will happen minutes from now during a campaign stop in the swing state of virginia where we expect to see him moments from now. this as new questions arise about that number. some people are questioning the accuracy of the 7.8% number that came in for the month of september. joined now by steve moore, a senior economic writer at the "wall street journal" and matt mccall the president of the penn financial group. good to...
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i have reviewed 14 businesses this week from restaurants to rental cars to widgets. i have seen everybody with a third quarter equal to or weaker than first quarter. in order to get 873,000 new jobs, you would have to have a gdp going at 4% to 5%. the second quarter was downgraded from 1.7 to 1.3. the third quarter is the no going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the analysis. >> i'm just going back because it seemed like you were doing that. let me go to keith hall. he was bush's guy, commissioner of the bls. he said to "the wall street journal" today following what you said, there's no way someone at the bureau of labor statistics could change any data from its surveys. these numbers are good. so why do you know more than him? do you really -- i think it gets back to the question of integrity. do you believe that the bls lacks integrity? that a president of the united states -- nixon said he could never get to them. he used to say there's an et
i have reviewed 14 businesses this week from restaurants to rental cars to widgets. i have seen everybody with a third quarter equal to or weaker than first quarter. in order to get 873,000 new jobs, you would have to have a gdp going at 4% to 5%. the second quarter was downgraded from 1.7 to 1.3. the third quarter is the no going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the...
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...
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didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the game has moved up field a little bit here. so, you
didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of...
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brian, is the report expected to give president obama a boost after this week's debate? i'm sure he's going to turn it that way. >> reporter: you know what, laura, looking at these numbers, i think you can call these an october surprise. this is what politicians hope and dream will happen. this is certainly an interesting turn of events here. we got the numbers we expected. let's look at them. expected 115,000, we got 114,000. that's not a barn burner. but the 7.8%, that is a drop from 8.1 to 7.8% unemployment. that is the lowest since the day president obama took office. that gives the president a chance to argue today that he has been slowly but steadily rebuilding on the economy. mitt romney, meanwhile, will have the opportunity to say the president hasn't been doing it enough, hasn't been doing it well enough and he could do it better. but this is a surprising number. the reason we have the sudden drop, we expected it to particular up a point. the reason it went down is because the july and august numbers have been revised upward pretty dramatically. we're talking ab
brian, is the report expected to give president obama a boost after this week's debate? i'm sure he's going to turn it that way. >> reporter: you know what, laura, looking at these numbers, i think you can call these an october surprise. this is what politicians hope and dream will happen. this is certainly an interesting turn of events here. we got the numbers we expected. let's look at them. expected 115,000, we got 114,000. that's not a barn burner. but the 7.8%, that is a drop from...
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the democrats today, the obama campaign, the democratic national committee and a whole bunch of other groups were firing off attack ads and groups trying to keep it center stage right through the presidential debate next week and the two presidential debates that follow. >> as you pointed out, carl it, didn't come up in this past debate may very well close the door on it yet. carl cammeron on the campaign trail for us tonight. thanks very much. >> you bet. >> harris: reaction tonight coming from others not inside the beltway to the jobs report. more on that part of the story in just a moment. right now wendell goler is live in cleveland at the president's second campaign stop of the day. wendell, we're told we'll get just one more jobs report. we know before election day. but analysts are now saying in some ways today's is more important because of early voting. >> well, harris, early voting is already underway here in ohio. and many people believe ohio is a state that mitt romney has to meet in order to win the white house. part of the reason the democrats have such a big operation i
the democrats today, the obama campaign, the democratic national committee and a whole bunch of other groups were firing off attack ads and groups trying to keep it center stage right through the presidential debate next week and the two presidential debates that follow. >> as you pointed out, carl it, didn't come up in this past debate may very well close the door on it yet. carl cammeron on the campaign trail for us tonight. thanks very much. >> you bet. >> harris: reaction...
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, but obama could really use some good news this week. >> but first . . . >> announcer: this is the "full court press." >> on this friday some news you need to know good morning america is starting a big change, ann romney will sit alongside dave so cohost the program. nbc also in discussions with first lady michelle obama. >> that would be nice. ann romney she is running for first lady along with her husband, although mitt romney did say one time that he didn't want to see too much of her people might get a little tired of her. >> a record night on twitter during wednesday's presidential debate, they set a record 10.3 million tweets were fired off during the debate. the highest point was jim lehrer said let's not when mitt romney wanted to move on to another topic. >> ben knows this because he head all of those tweets. >> exactly. there were people all over the country talking about his tweets. we'll talk about that story later. >> and john travolta and olivia newton john are swinging together for the first time in 35 years. they are putting out a charity holiday music album titled "
, but obama could really use some good news this week. >> but first . . . >> announcer: this is the "full court press." >> on this friday some news you need to know good morning america is starting a big change, ann romney will sit alongside dave so cohost the program. nbc also in discussions with first lady michelle obama. >> that would be nice. ann romney she is running for first lady along with her husband, although mitt romney did say one time that he...
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it is going to be fascinating to see what the polls show this next week. a lot of it may hinge on what happens in three minutes. we've got the jobs report coming out and the obama campaign obviously crossing their fingers. >> we'll bring that to you live. chuck and miles stay with us. the jobs number is moments away. we'll be right back. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> breaking news. the jobs numbers are out the lowest since january of 2009. >> 7.8%. that politically is great news. however, you got to scratch your heads. 114,000 nonfarm jobs added. you have to have 150,000 just to keep up with population growth. i'm not an economist but this has to mean that more and more people, miles nadal, are discouraged and have just stopped looking for work. if you're not even having enough jobs created to keep up with population growth, and t
it is going to be fascinating to see what the polls show this next week. a lot of it may hinge on what happens in three minutes. we've got the jobs report coming out and the obama campaign obviously crossing their fingers. >> we'll bring that to you live. chuck and miles stay with us. the jobs number is moments away. we'll be right back. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy...
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let's listen to president obama as he answered that question in the debate this week to inspect the first role of the government is to keep people safe. that is the most basic function, and as commander-in-chief, that is something that i have worked on and thought about every single day that i've been in the oval office. but i also believe that government has the capacity, the federal government has the capacity to help open up opportunities and create ladders of opportunity and create frameworks' where the american people can succeed. the genius of america is the free enterprise system and freedom, and the fact that people can go out there and start a business, work on an idea, make their own decisions, but as abraham lincoln understood, there's also things we do better today. so, in the middle of the civil war, abraham lincoln said let's help finance the transcontinental railroad. let's start the national academy of sciences. let's start the land grant colleges because we want to give the gateway if they are giving opportunity we are all going to be better off. that doesn't restrict peo
let's listen to president obama as he answered that question in the debate this week to inspect the first role of the government is to keep people safe. that is the most basic function, and as commander-in-chief, that is something that i have worked on and thought about every single day that i've been in the oval office. but i also believe that government has the capacity, the federal government has the capacity to help open up opportunities and create ladders of opportunity and create...
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wasn't the only one to get some bad reviews for this week's debate performance. there were also some questions about the moderator, jim lehrer, watch this. >> mr. romney, do you have a question you would like to ask the president directly about something he just said? >> jim, the president began this segment, so i think i get the last word. >> you're going to get the first word in the next segment. >> but he gets the first word of that segment, i get the last word -- >> here's a specific. >> mention the other one, let's talk the big one. >> no, let's not. >> two minutes is up, sir. >> i think i had five seconds before you interrupted me was -- >> i sometimes wonder if we even need a moderator because we had mitt romney. we should rethink that for the next debate. >> joining us now two journalists from the website dailydownload.com. lauren is the site's founder, editor and chief also former managing editor "usa today" howie is host of cnn's "reliable sources" and washington bureau chief for "newsweek" magazine. he said, this is jim lehrer, part of my moderator pos
wasn't the only one to get some bad reviews for this week's debate performance. there were also some questions about the moderator, jim lehrer, watch this. >> mr. romney, do you have a question you would like to ask the president directly about something he just said? >> jim, the president began this segment, so i think i get the last word. >> you're going to get the first word in the next segment. >> but he gets the first word of that segment, i get the last word --...
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president obama and mitt romney will both be campaigning in virginia this morning, the obama campaign took a hit with his debate performance this weeks this will give him something to crow about today. the romney campaign, mitt romney issued a statement saying this is not what a real recovery looks like. he goes on the say, the real unemployment rate is closer to 11% if you count the people who stopped looking for work. there is also a lot of speculation on line on social media this morning, that the obama administration could be fudging the numbers. we took that question right to the secretary of labor this morning. she tells us it's ludicrous to say the numbers could be manipulated. >>> secret service has new policies in place after one of the most embarrassing scandals in the history. it would ban excessive drinking and the share of work related information on sites including facebook. this comes five months after more than a dozen employees of the secret service were accused of drunken partying with prostitutes. >>> american activists are planning to stage a protest against u.s. d
president obama and mitt romney will both be campaigning in virginia this morning, the obama campaign took a hit with his debate performance this weeks this will give him something to crow about today. the romney campaign, mitt romney issued a statement saying this is not what a real recovery looks like. he goes on the say, the real unemployment rate is closer to 11% if you count the people who stopped looking for work. there is also a lot of speculation on line on social media this morning,...
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morris. >> thank you, we'll talk about it next week . globall governorance taking over the globe. >> steve: i hate it when that happens. >> gretchen: see you next week. >> brian: next on the run down. oh, joe, here you go again. >> will you guys sit down if you have seats? thank you. i didn't realize you didn't have seats, i apologize . my mother would kill me if a woman was standing for me this long. i apologize. >> brian: stand up, chuck. another biden classic coming your way. >> gretchen: a dog sneaks out of his home and tracks down his owner in the hospital miles away. >> steve: first happy birthday. steve miller, he's singing he's 69 . ♪ i am a joker. ♪ i am a moker. ♪ i am a midnight joker getting my love on the run. ♪ ♪ [ female announcer ] you can always measure the growth of your children by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, charmin ultra strong helps you get clean. plus it's four times stronger than the leading value brand. and you can use up to four
morris. >> thank you, we'll talk about it next week . globall governorance taking over the globe. >> steve: i hate it when that happens. >> gretchen: see you next week. >> brian: next on the run down. oh, joe, here you go again. >> will you guys sit down if you have seats? thank you. i didn't realize you didn't have seats, i apologize . my mother would kill me if a woman was standing for me this long. i apologize. >> brian: stand up, chuck. another biden...
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i think that is going to be an interesting dynamic the next 4.5 weeks. massachusetts is a good example from the republican perspective. president obama is clearly going to run well there. ken scott brown withstand the blue tide there? -- can scott brown withstand the blue tide there? right now, the democrats are doing well. you have a candidate in indiana who succeeded the incumbent in that the primary. he is a tea party candidate. that it -- i s a -- is a tight race. you have a solid republican candidates. i was in arizona about a month ago, where democrats are competitive. it shows that these races are still fluid. you can be undecided and we can say that the race for undecided voters started yesterday. it will still be a couple of weeks before they really engaged. i do not know if people vote in races like a chess game. i do think people pick and choose. one from aisle a, one from aisle b. one thing we have not talked about is the fundamental dissatisfaction americans have with government. president, senate, congress, and governor, how do they make th
i think that is going to be an interesting dynamic the next 4.5 weeks. massachusetts is a good example from the republican perspective. president obama is clearly going to run well there. ken scott brown withstand the blue tide there? -- can scott brown withstand the blue tide there? right now, the democrats are doing well. you have a candidate in indiana who succeeded the incumbent in that the primary. he is a tea party candidate. that it -- i s a -- is a tight race. you have a solid...
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defensive over his adviser's promise a change before the second debate next week. with just 32 days now till the big vote, every move is critical. as abc's jake tapper reports. >> reporter: before a crowd of 12,000 in denver, the president tried to turn his opponent's polished debate performance into proof of his phoniness. >> when i got onto the stage, i met this very spirited fellow who claimed to be mitt romney, but the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. >> reporter: but in the audience many of the president's supporters expressed bewilderment at his passive performance. >> i felt like he should have been more aggressive. >> i didn't understand his strategy and thought, you know, i wondered what was going on. >> reporter: sources tell abc news the president's strategy was a calculated decision not to risk appearing unpresidential by attacking romney on say that video insulting 47% of the country as irresponsible victims. his aides advised him to focus on policy, such as
defensive over his adviser's promise a change before the second debate next week. with just 32 days now till the big vote, every move is critical. as abc's jake tapper reports. >> reporter: before a crowd of 12,000 in denver, the president tried to turn his opponent's polished debate performance into proof of his phoniness. >> when i got onto the stage, i met this very spirited fellow who claimed to be mitt romney, but the real mitt romney has been running around the country for the...